Nick Richards has turned opening night into a payday.
By staying on the Heat’s roster through opening night, the veteran center now has a fully guaranteed salary for the 2026/27 season, according to Ira Winderman of The South Florida Sun Sentinel.
Richards will make $3,066,143 on his minimum-salary deal, though Miami’s cap hit comes in at $2,449,421. The Heat currently have 13 players on fully guaranteed contracts, and wing Myron Gardner has at least a $500K partial guarantee on his minimum contract. Miami still has its 15th roster spot open.
The Heat added Richards this offseason to shore up the frontcourt behind Bam Adebayo and Giannis Antetokounmpo. The 28-year-old spent his first six NBA seasons in Charlotte, Phoenix and Chicago, and last season he posted 5.8 points and 5.1 rebounds in 14.6 minutes per game across 48 appearances for the Suns and Bulls.
Richards is part of a broader group of players whose deals were set up to gain either full or partial guarantees if they were still under contract on the first day of the 2026/27 regular season. The other players in that situation are Mo Bamba of the Jazz, Isaiah Crawford of the Rockets, Jaylen Wells of the Grizzlies and Brandon Williams of the Warriors.
Bamba’s partial guarantee of $250,000 rises to $500,000. Crawford’s non-guaranteed $2,449,421 salary becomes partially guaranteed at $1,154,325.
Wells goes from a $300,000 partial guarantee to a full $2,296,271 guarantee. Williams’ non-guaranteed $2,625,627 salary becomes partially guaranteed at $1,400,000.
Trail Blazers guard Vit Krejci and Pelicans forward Trendon Watford are also in line for guarantee bumps. Krejci’s $250K partial guarantee will become a full $2,667,944 guarantee, while Watford’s partial guarantee will rise from $250K to $500K if he is not placed on waivers on Wednesday.
For now, all six of those players, along with Richards, are being treated as if those guarantees will kick in.
If that changes, updates will follow. In most cases, a team that didn’t want to lock in the money would have waived the player while finalizing its regular-season roster ahead of Monday’s deadline, as Dallas did with Dwight Powell; his partial guarantee would have increased from $1MM to $1.5MM had he remained under contract through Tuesday.
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The opportunity matters more now because Miamis offseason changes altered the look of the rotation around the basket, with Giannis Antetokounmpo joining the mix and other frontcourt pieces moving on. Richards is in position to fill a very specific need as the backup center, and after camp, the Heat have at least one clearer answer in a group that still looks like a work in progress. [Read more 🡒]
